Tag - Tesla

Elon Musk’s trial over his Tesla ‘funding-secured’ tweets is underway. Here’s everything you need to know about the case

Elon Musk's trial over his Tesla 'funding-secured' tweets is underway. Elon Musk's trial over his 2018 tweets about Tesla began last week in San Francisco. The tech mogul faces a class-action lawsuit from shareholders who accuse him of manipulating Tesla's share price with his tweet: "Am considering taking Tesla private at $420. Funding secured." Musk and other...

Elon Musk says his SpaceX shares would’ve funded his plan to take Tesla private

SpaceX shares would've funded his plan to take Tesla private. Elon Musk testified in a San Francisco federal court on Monday that he was confident of securing financial support from Saudi investors for his Tesla Inc. buyout plan and even felt that using his stake in rocket company SpaceX would have been enough to fund the...